AUCTION RULES WHEN AND HOW THE AUCTION CLOSES Beginning at 9:00pm of the last day of the auction our system activates a ten minute countdown clock. Each bid received after 9:00pm will extend the entire auction closing by ten minutes from the time that bid is placed (see "Overtime bidding" below). All items remain open for bidding until we receive no new bids on any items in the auction for a period of ten minutes. At that point the entire auction (all lots) will close automatically and no bids will be accepted after that time. This ensures that everyone will have the time and opportunity to rebid on any items on which they've been outbid without the fear of bid snipers. We anticipate that the auction will run for several hours after the clock begins but cannot guarantee a definite end time. For this reason we recommend that you take advantage of the maximum bid option when placing your bids. You can set a maximum bid amount on any lot upon which you are bidding and the bid will be placed on your behalf by the auction program, if necessary, to secure the lot for the lowest possible bid, unless another bidder tops your maximum amount. The maximum amount you set will only be applied, as necessary, if someone else should place a bid on that lot after your bid is placed. Before you bid: Registration You may browse the auction without registering, however, in order to bid you must first register. You can register at GOTTAHAVEIT.COM, or contact us via telephone toll-free at 800-950-1202 or at 212-750-7900. A credit card is required for registration but will not be automatically charged if you are the successful bidder. For information on our Privacy Policy please go to gottahaveit.com and click on “Privacy Policy” at the bottom of the homepage. Your bid is a contract All bids placed online with GOTTA HAVE IT!® Collectibles, GOTTAHAVEIT.COM® and Gotta Have Rock & Roll™ are legally binding. By registering and bidding in this auction you are entering into a legal contract. If you are the successful bidder on any lots you will be considered the buyer of the lot. Guarantee GOTTA HAVE IT!® Collectibles, Inc. guarantees the authenticity and condition of every item offered for auction. All items come with a GOTTA HAVE IT!® Collectibles and Gotta Have Rock & Roll™ Certificate of Authenticity. Overtime bidding Bids placed on any lot within 10 minutes of the auction’s scheduled closing time will extend the closing time by 10 minutes of all the lots in the auction The auction will end when no new bids have been received on any lots in the auction for a period of 10 minutes. Maximum bidding option You can set a maximum bid amount on any lot upon which you are bidding and the bid will be placed on your behalf by the auction program. The maximum amount you set will only be applied as necessary - if someone else should place a bid on the lot after your bid is placed, the system will automaticaly go to the next increment level, leaving you as the high bidder - until your maximum is reached. You can then choose to place a straight bid or another maximum bid. Absentee bidding If you think that you will be unavailable to place bids on the item(s) you are interested in you can place “absentee” bids by either placing a maximum bid on any item(s) you are interested in, or you can contact GOTTA HAVE IT! and arrange for a representative of the company to place a maximum bid on your behalf. If you are interested in this service place contact us toll-free at 800-950-1202 or at 212-750-7900. You must be registered for the auction in order to place an absentee bid, which we can do on your behalf when you call. If you would like us to email you an absentee bidder form to fill out please email us at info@gottahaveit.com. Telephone bidding If you wish to bid via telephone please contact us toll free at 800-950-1202 or 212-750-7900. You must be registered for the auction in order to place a telephone bid, which we can do on your behalf when you call. Callbacks The “callback” is a service we provide to those who request it so they can be aware of when they have been outbid on items they are bidding on. This is an added courtesy to the automatic email that is sent to you when you have been outbid and should not be used instead of checking your email. We will make every effort to contact every bidder who requests this service, but we cannot guarantee you will be contacted if we are inundated with requests. Callbacks are offered until the auction ends. Minimum bids and Bid Increments A minimum bid is the price at which the lot will start at. Bids cannot be accepted below the minimum bid. The minimum bid is often times well below the estimate.
Bids are placed at incremental levels. All bids on items below $250 are raised in $25 increments up to $250. Anything at or above $250 is automatically raised at an increment of 10%. Bidding on lots of $10,000 and over If you are bidding on a lot that reaches $10,000 or above you will be contacted by GOTTA HAVE IT!® Collectibles and asked to provide your banking information, including name of bank, bank account number and a bank contact. We do this to protect our bidders from those who may not be seriously bidding and are “upping” the bid increments. For your safety, and ours, we want to make sure that all bidders on items of $10,000 or more can cover their payment if they are the winning bidder. Payment Invoices will be emailed within 24 hours of the close of auction. Invoices must be paid within 14 days of receiving. If payment is not received within that time period you will forfeit the lot(s) you have successfully bid on and you will be banned from all future GOTTA HAVE IT!® Collectibles online auctions.
Payment options: We accept personal checks, cashier’s checks, money orders, wire transfers and credit cards. There is an additional 2.5% charge on payments made via credit card. Bank transfer payments require an additional $25.00 charge. If paying by personal check we will ship your item(s) after the check has cleared our bank (within 10 business days). Buyer’s Premium A 20% buyer’s premium will be added on to each invoice. Insurance A 1.5% insurance fee for shipping will be added to each invoice. New York State Sales Tax New York States sales tax is charged on all orders shipped within New York State. The sales tax amount will be based on the hammer price plus the buyer’s premium. In no event will GOTTA HAVE IT!® Collectibles, Inc., GOTTAHAVEIT.COM or Gotta Have Rock & Roll™ be responsible for any sales tax, duties, or customs for any items purchased or shipped outside of New York State. Shipping GOTTA HAVE IT!® charges $25.00 (plus the 1.5% insurance fee) on each item shipped within the United States (except for oversized items and international shipments). If multiple items are won by the same bidder the shipping charges will be combined at a reasonable rate. Shipping fees on oversized lots or lots being shipped internationally will be calculated at the end of the auction and will appear on the invoice. We ship using FedEx. Disclaimer GOTTA HAVE IT!® COLLECTIBLES, GOTTAHAVEIT.COM and Gotta Have Rock & Roll™ are not responsible for computer or human error which may result in customer dissatisfaction. The satisfaction of our customers is of paramount concern to us, however, and we will work within the best of our ability to resolve any issues that may arise. |